Global rare earth industry is the beginning of "rebalancing"

[Tungsten Online News - Tungsten News]
RE prices soared in 2011 triggered the global industrial structure has changed, has reverberations throughout the industry is still in the process of rebalancing.
"Abnormal rare earth prices soared in 2011, bringing a huge profit margins; together for the protection of the environment and the exploitation of rare earth resources, China's rare earth industry to increase efforts to adjust supply and demand of rare earth products molybdenum plating imbalance emerged in this environment, foreign a large number of rare earth projects launched. "Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co., general manager Zhang said.
In the 1990s, China's rare earth products due to low prices, high quality and quickly occupied the advantage of the international market. In 1998, the U.S. company's rare earth extraction of molybdenum separation line discontinued in 2002 its Mountain Pass mine to stop mining. In 2004, India's rare earth plant shutdown. All of a sudden, the rare earth market is completely become "China Times", over the years China supports about 90% of global demand for rare earths.
This year, the Mountain Pass rare earth plant as the first phase of expansion, and the Australian Lynas Corporation WA concentrator expansion construction is completed the second phase of the light rare earths diversified supply has begun to take shape.
China's future market share in the number of shares? China Rare Earth Industry Association, Marong Zhang and Zhang's "personal view", there is not a small difference. Marong Zhang said the number of domestic and foreign enterprises through cost analysis shows that China's light rare earth mining, smelting and separation in the global advantage "is not obvious." Zhang believes that the domestic rare earth mine in the distribution points and grade on the "little gap", with the drop in the price of rare earth, because China's resources and cost advantages, rare earth supply is likely to return to the "China Times."
Partition means rock or mineral content of rare earth elements in the proportion between. Rare has "the mother of new material," said the foreign restart rare earth projects are mostly light rare earth project, the heavy rare earth in China "specialty."
In fact, affect the future pattern of light rare earth supply many factors, price trends, national policies will be for the body mass is not the industry to bring shock. Invariably, in between commercial interests and the national strategy, China's rare earth industry, the game never stops.
Diversified supply pattern forming